United States Department of Labor Bureau of Labor Statistics Internet: http://www.bls.gov/emp Technical Information: (202) 691-5700 Media Contact: (202) 691-5902 Washington, D.C. 20212 USDL 05-2276 For release: 10 A.M. EST Wednesday, December 7, 2005 BLS RELEASES 2004-14 EMPLOYMENT PROJECTIONS The Bureau of Labor Statistics (BLS), U.S. Department of Labor, today released projections on future job growth by industry and occupation and on the likely composition of the workforce pursuing those jobs. The 10-year projections—covering the 2004–14 decade—of economic growth, employment by industry and occupation, and labor force are widely used in career guidance, in planning education and training programs, and in studying long-range employment trends. These projections, which are updated every 2 years, continue a nearly 60-year tradition of providing advice to individuals who are entering the job market, changing careers, or making further education and training choices. Employment Over the 2004–14 decade, total employment is projected to increase by 18.9 million jobs, or 13 percent. Over the previous decade (1994-2004), total employment grew at the same annual rate and increased by 16.4 million jobs. Industry employment • Employment growth will continue to be concentrated in the service-providing sector of the economy. Educational services, health care and social assistance, and professional and business services represent the industry sectors with the strongest employment growth; these sectors are projected to grow more than twice as fast as the overall economy. (See table 1.) • Construction employment is projected to grow, but at a slower pace than during the previous decade (1994-2004). Manufacturing employment, however, is expected to decline by 5 percent, much less than the 16 percent decline that occurred in the previous decade. Nonetheless, employment in goods-producing industries is expected to decrease from 15 percent to 13 percent of total employment. • The 10 detailed industries with the largest wage and salary employment growth, led by employment services, local government education, and offices of physicians, are in the service-providing sector. (See table 3a.) • Eight out of the 10 detailed industries with the largest wage and salary employment declines, including cut and sew apparel manufacturing, are in the manufacturing sector. (See table 3b.) Occupational employment • Professional and related occupations and service occupations—two groups on opposite ends of the educational and earnings ranges—are projected to add the most jobs, accounting for 6 out of 10 new jobs created over the 2004-14 period. (See table 2.) • Business and financial operations occupations, professional and related occupations, and service occupations are projected to grow faster than the 13 percent average for all occupations. • Production occupations and farming, fishing, and forestry occupations are projected to lose employment over the period. • Nine of the 10 fastest growing occupations are health or computer (information technology) occupations. (See table 3c.) • Five of the 10 occupations adding the most jobs are service occupations. (See table 3d.) Education and training categories • An associate or bachelor's degree is the most significant source of postsecondary education or training for 6 of the 10 fastest growing occupations. (See table 3c.) • Short-term on-the-job training is the most significant source of postsecondary education or training for 5 of the 10 occupations with the largest job growth. (See table 3d.) Labor force • The civilian labor force is projected to increase by 14.7 million over the 2004–14 decade, reaching 162.1 million by 2014. This 10 percent increase is less than the 12.5-percent increase over the previous decade, 1994–2004, when the labor force grew by 16.3 million. (See table 4.) The labor force will change in composition, as a result of changes in both the composition of the population and in the rates of labor force participation across demographic groups. • The projected labor force growth will be affected by the aging of the baby-boom generation—persons born between 1946 and 1964. In 2014, baby-boomers will be ages 50 to 68 years, and this age group will grow significantly over the 2004–14 period. The labor force will continue to age, with the number of workers in the 55and-older group projected to grow by 49.1 percent, nearly 5 times the 10 percent growth projected for the overall labor force. Youths—those between the ages of 16 and 24—will decline in numbers and lose share of the labor force, from 15.1 percent in 2004 to 13.7 percent in 2014. Prime-age workers—those between the ages of 25 and 54—also will lose share of the labor force, from 69.3 percent in 2004 to 65.2 percent in 2014. The 55-and-older age group, on the other hand, is projected to gain share of the labor force, from 15.6 percent to 21.2 percent. • Over the 2004–14 projection period, the number of women in the labor force is projected to grow by 10.9 percent, faster than the 9.1-percent growth projected for men. As a result, women's share of the labor force is expected to increase from 46.4 percent in 2004 to 46.8 percent by 2014. In contrast, men's share is projected to decline from 53.6 percent to 53.2 percent over the decade. • By 2014, the Hispanic labor force is expected to reach 25.8 million, due to faster population growth resulting from a younger population, higher fertility rates, and increased immigration levels. Despite relatively slow growth, whites will remain the largest group, composing 80.2 percent of the labor force. Blacks will constitute 12.0 percent of the labor force. Asians will continue to be the fastest growing race group, climbing to 5.1 percent of the labor force in 2014. A note on labor shortages in the context of long-term economic projections The measures upon which the employment projections and labor force projections are based are different. The former is a count of jobs and the latter a count of individuals. Users of these data should not assume that the difference between the projected increase in the labor force and the projected increase in employment implies a labor shortage or surplus. The BLS projections assume a labor market in equilibrium, i.e., one where labor supply meets labor demand except for some degree of frictional unemployment. For a discussion of the basic projection methodology, see "A summary of BLS projections to 2014," Norman C. Saunders, November 2005 Monthly Labor Review. For a discussion of labor shortages in the context of long-term projection models, see "Employment projections to 2012: concepts and context," Michael W. Horrigan, February 2004 Monthly Labor Review. Notes More detailed information on the 2004–14 projections appears in five articles in the November 2005 issue of the Monthly Labor Review, published by the Bureau of Labor Statistics, U.S. Department of Labor. The Review is available online at: www.bls.gov/opub/mlr/welcome.htm. A graphic presentation of the highlights of the projections will appear in the forthcoming Winter 2005–06 Occupational Outlook Quarterly. The Quarterly is available online at: www.bls.gov/opub/ooq/ooqhome.htm. The Monthly Labor Review and Occupational Outlook Quarterly are sold by the U.S. Government Printing Office, Washington, D.C. 20402. The Review costs $49 a year; single copies are $15. The Quarterly costs $15 a year; single copies are $6. For additional information, contact the Superintendent of Documents at: www.access.gpo.gov. Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; TDD message referral phone: 1-800-877-8339. Table 1. Employment by major industry sector, 1994, 2004, and projected 2014 (Numbers in thousands) Employment Industry sector 1994 Numeric Change 2004 2014 129,245.9 145,612.3 164,539.9 16,366.4 18,927.6 12.7 114,983.8 132,191.7 150,876.9 17,207.9 18,685.2 Goods-producing, excluding agriculture Mining Construction Manufacturing 22,691.6 576.5 5,094.9 17,020.2 21,817.3 523.2 6,964.5 14,329.6 21,787.3 477.4 7,756.9 13,553.0 -874.3 -53.3 1,869.6 -2,690.6 Service-providing Utilities Wholesale trade Retail trade Transportation and warehousing Information Financial activities Professional and business services Educational services Health care and social assistance Leisure and hospitality Other services Federal government State and local government 92,292.2 689.4 5,247.5 13,491.1 3,701.1 2,738.6 6,866.9 12,173.9 1,894.8 10,911.9 10,099.8 5,202.1 3,018.0 16,257.1 110,374.4 570.1 5,654.9 15,034.5 4,250.0 3,138.3 8,051.9 16,413.7 2,766.4 14,187.2 12,479.1 6,209.9 2,727.5 18,890.9 129,089.6 562.6 6,130.8 16,683.2 4,755.9 3,502.1 8,901.3 20,979.9 3,664.5 18,482.1 14,693.8 6,943.4 2,770.9 21,019.1 Agriculture, forestry, fishing, and hunting3 Agriculture wage and salary Agriculture self-employed and unpaid family workers 2,890.1 1,381.0 1,509.1 2,139.9 1,149.2 990.7 Nonagriculture self-employed and unpaid family worker Secondary wage and salary jobs in agriculture and private household industries 4 9,360.0 Total 1 Nonagriculture wage and salary2 5 Secondary jobs as a self-employed or unpaid family worker 1 1994-2004 2004-14 Percent change 1994-2004 2004-14 Average annual rate of change Percent distribution 1994 2004 2014 1994-2004 2004-14 13.0 100.0 100.0 100.0 1.2 1.2 15.0 14.1 89.0 90.8 91.7 1.4 1.3 -30.0 -45.8 792.4 -776.6 -3.9 -9.2 36.7 -15.8 -0.1 -8.8 11.4 -5.4 17.6 0.4 3.9 13.2 15.0 0.4 4.8 9.8 13.2 0.3 4.7 8.2 -0.4 -1.0 3.2 -1.7 0.0 -0.9 1.1 -0.6 18,082.2 -119.3 407.4 1,543.4 548.9 399.7 1,185.0 4,239.8 871.6 3,275.3 2,379.3 1,007.8 -290.5 2,633.8 18,715.2 -7.5 475.9 1,648.7 505.9 363.8 849.4 4,566.2 898.1 4,294.9 2,214.7 733.5 43.4 2,128.2 19.6 -17.3 7.8 11.4 14.8 14.6 17.3 34.8 46.0 30.0 23.6 19.4 -9.6 16.2 17.0 -1.3 8.4 11.0 11.9 11.6 10.5 27.8 32.5 30.3 17.7 11.8 1.6 11.3 71.4 0.5 4.1 10.4 2.9 2.1 5.3 9.4 1.5 8.4 7.8 4.0 2.3 12.6 75.8 0.4 3.9 10.3 2.9 2.2 5.5 11.3 1.9 9.7 8.6 4.3 1.9 13.0 78.5 0.3 3.7 10.1 2.9 2.1 5.4 12.8 2.2 11.2 8.9 4.2 1.7 12.8 1.8 -1.9 0.8 1.1 1.4 1.4 1.6 3.0 3.9 2.7 2.1 1.8 -1.0 1.5 1.6 -0.1 0.8 1.0 1.1 1.1 1.0 2.5 2.9 2.7 1.6 1.1 0.2 1.1 1,910.0 1,089.7 820.3 -750.2 -231.8 -518.4 -229.9 -59.5 -170.4 -26.0 -16.8 -34.4 -10.7 -5.2 -17.2 2.2 1.1 1.2 1.5 0.8 0.7 1.2 0.7 0.5 -3.0 -1.8 -4.1 -1.1 -0.5 -1.9 9,556.4 10,011.9 196.4 455.5 2.1 4.8 7.2 6.6 6.1 0.2 0.5 182.0 137.6 126.8 -44.4 -10.8 -24.4 -7.8 0.1 0.1 0.1 -2.8 -0.8 1,830.0 1,586.7 1,614.3 -243.3 27.6 -13.3 1.7 1.4 1.1 1.0 -1.4 0.2 Employment data for wage and salary workers are from the BLS Current Employment Statistics survey, which counts jobs, whereas self-employed, unpaid family workers, and agriculture, forestry, fishing, and hunting are from the Current Population Survey (household survey), which counts workers. 2 Includes wage and salary data from the Current Employment Statistics survey, except private households, which is from the Current Population Survey. Logging workers are excluded. 3 Includes agriculture, forestry, fishing, and hunting data from the Current Population Survey, except logging, which is from Current Employment Statistics survey. Government wage and salary workers are excluded. 4 Workers who hold a secondary wage and salary job in agricultural production, forestry, fishing, and private household industries. 5 Wage and salary workers who hold a secondary job as a self-employed or unpaid family worker Table 2. Employment by major occupational group, 2004 and projected 2014 (Numbers in thousands) Occupational group Total, all occupations Management occupations Business and financial operations occupations Professional and related occupations Computer and mathematical science occupations Architecture and engineering occupations Life, physical, and social science occupations Community and social services occupations Legal occupations Education, training, and library occupations Arts, design, entertainment, sports, and media occupations Healthcare practitioners and technical occupations Service occupations Healthcare support occupations Protective service occupations Food preparation and serving related occupations Employment Number Percent distribution 2004 2014 2004 2014 145,612.3 164,539.9 100.0 100.0 Change Number Percent 18,927.6 13.0 9,114.7 5,872.8 28,544.0 3,152.8 2,519.9 1,315.7 2,317.1 1,220.2 8,698.0 2,515.0 6,805.3 27,672.6 3,492.3 3,137.6 10,739.2 10,146.8 6,995.5 34,590.2 4,119.8 2,834.7 1,531.6 2,800.2 1,414.2 10,438.0 2,890.3 8,561.4 32,929.7 4,656.2 3,578.0 12,453.2 6.3 4.0 19.6 2.2 1.7 0.9 1.6 0.8 6.0 1.7 4.7 19.0 2.4 2.2 7.4 6.2 4.3 21.0 2.5 1.7 0.9 1.7 0.9 6.3 1.8 5.2 20.0 2.8 2.2 7.6 1,032.0 1,122.7 6,046.3 967.0 314.8 215.9 483.1 194.0 1,740.0 375.3 1,756.1 5,257.2 1,163.9 440.3 1,714.0 11.3 19.1 21.2 30.7 12.5 16.4 20.8 15.9 20.0 14.9 25.8 19.0 33.3 14.0 16.0 Building and grounds cleaning and maintenance occupations 5,582.2 Personal care and service occupations 4,721.2 Sales and related occupations 15,330.2 Office and administrative support occupations 23,907.0 Farming, fishing, and forestry occupations 1,025.9 Construction and extraction occupations 7,738.5 Installation, maintenance, and repair occupations 5,747.5 Production occupations 10,561.7 Transportation and material moving occupations 10,097.6 NOTE: Detail may not equal total or 100 percent because of rounding. 6,529.7 5,712.7 16,806.4 25,287.3 1,013.0 8,669.4 6,404.5 10,483.1 11,214.0 3.8 3.2 10.5 16.4 0.7 5.3 3.9 7.3 6.9 4.0 3.5 10.2 15.4 0.6 5.3 3.9 6.4 6.8 947.5 991.4 1,476.3 1,380.3 -12.9 930.9 657.0 -78.6 1,116.4 17.0 21.0 9.6 5.8 -1.3 12.0 11.4 -0.7 11.1 1 Table 3a. The 10 detailed industries with the largest wage and salary employment growth, 2004-14 (Numbers in thousands) Employment Change Industry 2004 2014 Number Percent Employment services 3,470.3 5,050.2 1,579.9 45.5 Local government educational services 7,762.5 8,545.5 783.0 10.1 Local government, excluding education and hospitals 5,485.6 6,249.3 763.7 13.9 Offices of physicians 2,053.9 2,813.4 759.5 37.0 Full-service restaurants 4,226.4 4,927.8 701.4 16.6 General medical and surgical hospitals, private 4,050.9 4,699.0 648.1 16.0 Limited-service eating places 3,726.7 4,318.6 591.9 15.9 Home health care services 773.2 1,310.3 537.1 69.5 Colleges, universities, and professional schools, private 1,377.5 1,849.8 472.3 34.3 Management, scientific, and technical consulting services 779.0 1,250.2 471.2 60.5 1 Data are from the National Employment Matrix. 1 Table 3b. The 10 detailed industries with the largest wage and salary employment declines, 2004-14 (Numbers in thousands) Employment Change Industry 2004 2014 Number Percent Wired telecommunications carriers 548.4 380.1 -168.3 -30.7 Cut and sew apparel manufacturing 219.9 80.0 -139.9 -63.6 Printing and related support activities 665.0 600.1 -64.9 -9.8 Fabric mills 115.7 60.0 -55.7 -48.1 Semiconductor and other electronic component manufacturing 452.8 399.9 -52.9 -11.7 Crop production, primary job 530.2 482.1 -48.1 -9.1 Basic chemical manufacturing 156.1 110.0 -46.1 -29.5 Rubber product manufacturing 173.0 132.8 -40.2 -23.2 Foundries 165.4 127.8 -37.6 -22.7 Computer and peripheral equipment manufacturing 212.1 175.0 -37.1 -17.5 1 Data are from the National Employment Matrix. Table 3c. The 10 fastest growing occupations, 2004-14 (Numbers in thousands) Most significant source of postsecondary education Employment Change 2004 2014 Number Percent or training1 Home health aides 624 974 350 56 Short-term on-the-job training Network systems and data communications analysts 231 357 126 55 Bachelor's degree Medical assistants 387 589 202 52 Moderate-term on-the-job training Physician assistants 62 93 31 50 Bachelor's degree Computer software engineers, applications 460 682 222 48 Bachelor's degree Physical therapist assistants 59 85 26 44 Associate degree Dental hygienists 158 226 68 43 Associate degree Computer software engineers, systems software 340 486 146 43 Bachelor's degree 267 382 114 43 Dental assistants Moderate-term on-the-job training 701 988 287 41 Personal and home care aides Short-term on-the-job training 1 Each occupation is placed into one of 11 categories that best describes the education or training needed by most workers to become fully qualified. For more information about the categories, see Chapter II, "Selected Occupational Data, 2002 and Projected 2012" in Occupational Projections and Training Data, Bulletin 2572 (Bureau of Labor Statistics, March 2004), pp. 66-67, or in Bulletin 2602, the forthcoming 2006-07 edition of this publication. Occupation Table 3d. The 10 occupations with the largest employment growth, 2004-14 (Numbers in thousands) Most significant source of postsecondary education Employment Change 2004 2014 Number Percent or training1 Short-term on-the-job training 4,256 4,992 736 17 Retail salespersons Associate degree 2,394 3,096 703 29 Registered nurses Doctoral degree 1,628 2,153 524 32 Postsecondary teachers Moderate-term on-the-job training 2,063 2,534 471 23 Customer service representatives Short-term on-the-job training 2,374 2,813 440 19 Janitors and cleaners, except maids and housekeeping cleaners Short-term on-the-job training 2,252 2,627 376 17 Waiters and waitresses Short-term on-the-job training Combined food preparation and serving workers, including fast food 2,150 2,516 367 17 Short-term on-the-job training Home health aides 624 974 350 56 Postsecondary vocational award Nursing aides, orderlies, and attendants 1,455 1,781 325 22 General and operations managers 1,807 2,115 308 17 Bachelor's or higher degree, plus work experience 1 Each occupation is placed into one of 11 categories that best describes the education or training needed by most workers to become fully qualified. For more information about the categories, see Chapter II, "Selected Occupational Data, 2002 and Projected 2012" in Occupational Projections and Training Data, Bulletin 2572 (Bureau of Labor Statistics, March 2004), pp. 66-67, or in Bulletin 2602, the forthcoming 2006-07 edition of this publication. Occupation Table 4. Civilian labor force by age, sex, race, and Hispanic origin, 1984, 1994, 2004, and projected 2014 (Numbers in thousands) Level Change Percent change Group 1984 1994 2004 2014 1984-94 1994-2004 2004-14 1984-94 1994-2004 2004-14 Total, 16 years and older 16 to 24 25 to 54 55 and older Percent distribution 1984 1994 2004 Annual growth rate (percent) 2014 1984-94 1994-2004 2004-14 113,544 23,989 74,661 14,894 131,056 21,612 93,898 15,546 147,401 22,268 102,122 23,011 162,100 22,158 105,627 34,315 17,512 -2,377 19,237 652 16,345 656 8,224 7,465 14,699 -110 3,505 11,304 15.4 -9.9 25.8 4.4 12.5 3.0 8.8 48.0 10.0 -0.5 3.4 49.1 100.0 21.1 65.8 13.1 100.0 16.5 71.6 11.9 100.0 15.1 69.3 15.6 100.0 13.7 65.2 21.2 1.4 -1.0 2.3 0.4 1.2 0.3 0.8 4.0 1.0 0.0 0.3 4.1 Men Women 63,835 49,709 70,817 60,239 78,980 68,421 86,194 75,906 6,982 10,530 8,163 8,182 7,214 7,485 10.9 21.2 11.5 13.6 9.1 10.9 56.2 43.8 54.0 46.0 53.6 46.4 53.2 46.8 1.0 1.9 1.1 1.3 0.9 1.0 White Black Asian1 All other groups2 98,492 12,033 3,019 (3) 111,082 14,502 5,472 (3) 121,086 16,638 6,271 3,406 129,936 19,433 8,304 4,427 12,590 2,469 2,456 (3) 10,004 2,136 799 (3) 8,850 2,795 2,033 1,021 12.8 20.5 81.4 (3) 9.0 14.7 14.6 (3) 7.3 16.8 32.4 30.0 86.7 10.6 2.7 (3) 84.8 11.1 4.2 (3) 82.1 11.3 4.3 2.3 80.2 12.0 5.1 2.7 1.2 1.9 6.1 (3) 0.9 1.4 1.4 (3) 0.7 1.6 2.8 2.7 7,451 11,975 19,272 25,760 4,524 7,297 6,488 60.7 60.9 33.7 6.6 9.1 13.1 15.9 4.9 4.9 2.9 Hispanic origin Other than Hispanic origin 106,093 119,081 128,129 136,340 12,988 9,048 8,211 12.2 7.6 6.4 93.4 90.9 86.9 84.1 1.2 0.7 0.6 White Non-Hispanic 91,296 100,462 103,202 106,373 9,166 2,740 3,171 10.0 2.7 3.1 80.4 76.7 70.0 65.6 1.0 0.3 0.3 1 As a result of changes in the definition of the race categories in census 2000, data for 1984 and 1994 represent the "Asian & other" race category with 1990 census weights. Data for 2004 and 2014 represent the "Asian only" race category with 2000 census weights. 2 The “All other groups" category includes (1) those classed as of multiple racial origin and (2) the race categories of (2a) American Indian and Alaska Native and (2b) Native Hawaiian and Other Pacific Islanders. 3 Data for "All other groups" are not available for 1984 and 1994.
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